Baku, Azerbaijan, April 20
By Maksim Tsurkov – Trend:
In January-March 2018, 1.41 billion manats were invested in Azerbaijan’s oil and gas sector as compared to 2.21 billion manats in January-March 2017 (decrease by 36.2 percent), said the country’s State Statistics Committee in a report.
During the reporting period, total volume of investments in Azerbaijan’s industrial sector amounted to 1.68 billion manats in January-March 2018 that is 33.2 percent less than in January-March 2017.
Thus, 1.38 billion manats out of this amount were invested in the country’s mining industry in January-March 2018, that is 41.2 percent less than in January-March 2017.
Meanwhile, investments in production, distribution and supply of electricity, gas and heating amounted to 52 million manats in January-March 2018 that is 5.8 percent less than in January-March 2017.
(1.7 AZN = 1 USD on April 20)
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